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Author Topic: Do you think the rally is over now... or very soon?  (Read 15717 times)
porcupine87
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March 04, 2014, 03:47:50 PM
 #221

if your entire analysis is based on "look what happened last time" then i think it's you that has no common sense.

that is 90% of all analysis here.

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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April 27, 2018, 07:59:18 AM
 #222

I also a bitcoin holder and I’m aware of its instability but I’ll take the risks. The price can rise and fall without any backgrounds and playing could be very tricky and unsafe business.

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April 29, 2018, 02:54:13 PM
 #223

Just note that every significant "crash" in the past has been triggered by major exchange failure.
Now, to achieve similar results you would need to have all the exchanges down/hacked at the same moment.


I disagree the 2011 crash was caused by exchange failure. It's debatable, but the mtgox hack and week-long shutdown was well after the top was reached.



I think that neither was the "first crash of 2013". It was a bubble, it deserved to pop. It popped. Here we are. Soon we have a bubble. Then it will pop. Etc. etc. Circumstances have their role but they do not change the fundamentals nor the technicals.

Well the recent "crashes" weren't because of any major exchange failure though. Several fuds along with the natural correction did us in there. And of course this rally would have its own correction that's for sure so i don't think there's any big deal with it. It's going to come.back up anyways

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May 28, 2018, 02:48:18 PM
 #224

As a holder of BTC, I am expecting that the cryptocurrency will be swinging. Down and up - up and down: it will be the picture of the market these days.

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